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LPPD000385
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LPPD000385
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Last modified
3/9/2011 11:23:36 AM
Creation date
3/26/2007 10:33:29 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150180
Contractor Name
Pinewood Springs Water District
Contract Type
Loan
Water District
4
County
Larimer
Loan Projects - Doc Type
Application
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<br />CWCB Constmction Fund Loan Application <br /> <br />9. Estimated cost of the project. Please include estimated engineering costs, and estimated <br />construction costs, ifknown. <br /> <br />Estimated Engineering Costs: $ 186.600 $l'blo I~OS <br />Estimated Construction Costs: $1.585.000 ~ j \ 41lo I ~o ~ <br />Land Aquisition Costs: $ 235.000 <br />Water Rights / Shares Aquisition: $1.000.000 <br />Estimated Total Costs: $3.009.009 4 'Z..11l\ 1 ~o~ <br /> <br />~.~. <br />1 (~~t of <br /> <br />10. Loan amount and tenns you are requesting. ~ 2) D ? '3 I q;S'o <br />Requested Loan Amount: $2.259.000 (Usually 75% of Estimated Total Costs) <br />Tenn (length) ofloan: 30 years (Usually 10,20, or 30 years) <br />Interest Rate: (as of 4/27/04) 4 % (please call for our current rates) <br /> <br />Part C. - Project Sponsor Financial Information <br /> <br />Because the CWCB Construction Fund is a revolving fund, it is important that the project sponsor <br />have the financial capacity to repay any loans made by the CWCB. The following infonnation is <br />needed to assist the CWCB in a preliminaIy assessment of the applicant's financial capacity. It is also <br />requested that the project sponsor submit with this application copies of the two most recent annual <br />reports, fmancial statements, corporate reports or other current documentation of financial condition <br />and operations. <br /> <br />1. List any existing liability or indebtedness that exceeds one thousand dollars. For example, bank <br />loans, govenunent agency loans, bond issues, accounts payable, etc. Include names and addresses <br />oflenders, amounts, due dates and maturity dates. Attach a separate schedule, if needed. <br /> <br />Remaining Annual Maturity <br />Lender Name & Address Amount Payment Date <br /> <br />State of Colorado - DOLA (Loan) $6904 $1927 (P&I) 2008 <br /> <br />Bank ofCherrv Creek 3033 First Ave. Denver CO 80206 Bond #587 $442.756 (P&I) $49.217 (P&I) 2017 <br /> <br />2. Are any of the above liabilities now in defiwlt, or been in default at any time in the past? YES_ <br />NO --X_. If YES, please give detailed explanation. <br /> <br />3. Please provide a sununary of all revenues received during the last two fiscal years by category I ( <br />I' \' <br />(such as service charges, tap fees, assessments, etc.). SEE AITACHED EXHIBIT "D" Y <br />FINANCIAL INFORMATION <br /> <br />4 <br /> <br />CFIA902 <br />
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